FurniFair reaps $7.8m

FurniFair reaps $7.8m

JAKARTA (JP): The national 10-day furniture exhibition,
FurniFair 96, which closed yesterday, has resulted in business
transactions worth Rp 18 billion (US$7.86 million).

According to a statement issued by the fair's organizing
committee, transactions at the fair up its eighth day on Friday
were higher than the target of Rp 17.5 billion.

Aris M. of the organizing committee said that, of the
transactions, more than Rp 9.2 billion (51 percent) were export
transactions made by foreign buyers who visited the fair.

As of Friday, Aris said, 150 foreign buyers had visited the
fair, of which 66 percent conducted business transactions.

Participants in the fair included manufacturers from Greater
Jakarta, Surabaya in East Java, Jepara and Semarang in Central
Java and Bandung in West Java.

The fair was opened on Dec. 8 by Minister of Forestry
Djamaludin Suryohadikusumo. (pwn)